‌EDP's 9M26 results will be released on November 5th, 2026, after the Euronext market closes. A conference call will be hosted by Mr. Miguel Stilwell d'Andrade, CEO, and Mr. Rui Teixeira, CFO, on November 6th at 8:30 am UK/Portugal time. More information will be available on edp.com

EDP 9M26 Operating Data Key Operational Data 2

‌Key Operational Data 9M26

Electricity Distributed

70.2 TWh

+3% vs 9M25

% of Renewables

Generation

92%

+2 p.p. vs 9M25

Electricity Generation

48.3 TWh

+0.5% vs 9M25 (+3% RES)

Hydro Pumping generation

2.1 TWh

+20% vs 9M25

Hydro Resources Portugal

+21% vs. LT Average

vs +38% in 9M25

10%

3%

33 GW

+2% YoY

87% Renewables

Key Highlights Generation by Technology Installed Capacity1

  • Iberian FlexGen & Clients - Pumping +20% YoY:

    A Q3 average pool price of €124/MWh lifted the 9M average by €10/MWh YoY. Half of 9M pumping took place in Q3; reservoir levels stood at 51%, in line with historical averages.

  • Generation +3% YoY, excluding thermal:

    Growth in core technologies was supported by 1.8 GW of EDPR additions and stronger hydro output in Iberia and Brazil.

  • Iberian demand growth +3.2% YoY:

Customer growth, higher consumption and EV uptake as main drivers. EVs & PHEV's: 41% of Portuguese new-car registrations in August vs 32% in EU.

Business Segment

8%

48.3 TWh

+0.5% YoY

26%

92% Renewables

20%

46%

Wind Hydro Solar Gas Other

23%

22%

42%

Wind Hydro Solar Gas Other

Installed Capacity (GW) Generation (TWh) Comments

EDPR

20.5

+4%

YoY

30.9

+2% YoY • Installed capacity reached 20.5 GW (+4% YoY), with 1.9 GW in portfolio additions (+2% YoY), of which 56% in the US.

  • Generation increased by 2% YoY to 30.9 TWh, with North America remaining the main growth driver.

FlexGen & Clients

12.3

+1%

YoY

17.3

-3% YoY • Generation: Hydro output reached 12.3 TWh, supported by higher pumping volumes and Brazilian generation. CCGT output declined vs 2025.

  • Supply: Portugal's liberalised-market stable at 3.418m clients. Volumes rose 7% YoY due to higher average consumption.

Electricity Distributed (TWh) Connection points (#) Comments

70.2 +3% YoY 12,124 +1% YoY

Electricity Networks • Electricity distributed rose +3% YoY, +2% in Iberia (+3% in Portugal; -2% in Spain, reflecting a temporary outage at a large industrial client) and +4% in Brazil due to higher temperatures during 3Q26.

1 EBITDA + Equity

‌Market indicators

Iberian electricity market

9M26

9M25

%

Hydro coefficient - Portugal

1.0 = avg. Year

1.21

1.38

-17%

Hydro coefficient - Spain

1.0 = avg. Year

1.10

1.30

-20%

Final Electricity Price Spain

96.4

81.7

+18%

Electricity Distribution

Iberia 9M26 9M25 ∆ % ∆ Abs.

Customers Connected (th)

8,053

7,990

+0.8%

+63

Portugal

6,641

6,586

+0.8%

+55

Spain

1,412

1,404

+0.6%

+8

Electricity Distributed (GWh)

46,890

45,852

+2.3%

+1,038

Portugal

36,928

35,718

+3.4%

+1,210

Spain

9,962

10,134

-1.7%

-172

Brazil 9M26 9M25 ∆ % ∆ Abs.

Customers Connected (th)

4,071

4,002

+1.7%

+69

EDP São Paulo

2,243

2,206

+1.7%

+37

EDP Espírito Santo

1,828

1,796

+1.8%

+32

Electricity distributed (GWh)

23,338

22,456

+3.9%

+882

Regulated customers

11,014

10,743

+2.5%

+271

Customers in Free Market

12,324

11,713

+5.2%

+611

Avg. baseload electricity price

74.1

65.1

+14%

Ancilliary services

22.3

16.6

+34%

Final Electricity Price Portugal

91.3

79.7

+15%

Avg. baseload electricity price

74.1

64.5

+15%

Ancilliary services

17.2

15.3

+13%

Hydro reservoirs EDP in Iberia

historical avg.

in %

51 %

51 %

68 %

-17 p.p.

TWh

1.4

1.4

1.9

-25%

Brazilian electricity market

9M26

9M25

%

Average spot price (PLD)

R$/MWh

216

210

+3%

Generation Scalling Factor (GSF)

%

89 %

89 %

0 p.p.

Exchange rates

9M26

9M25

%

EUR/USD - Average

1.16

1.12

+4%

EUR/BRL - Average

5.98

6.32

-5%

EUR/USD - End of period

1.14

1.17

-3%

EUR/BRL - End of period

5.91

6.24

-5%

Electricity Supply

Energy Supply to Clients 9M26 9M25 ∆ % ∆ Abs.

Supply Points (th)

Electricity

4,213

4,261

-1.1 %

-48

Portugal - Free market

3,418

3,429

-0.3 %

-12

Portugal - Regulated tariff

779

817

-4.7 %

-38

Spain - Free market

16

14

+13.8 %

+2

Gas Iberia

541

552

-2.0 %

-11

Volume of electricity sold (GWh)

22,179

20,806

+6.6 %

+1,374

Portugal - Free market

13,486

12,621

+6.9 %

+866

Portugal - Regulated tariff

1,691

1,827

-7.4 %

-136

Spain - Free market

7,002

6,358

+10.1 %

+644

Gas sales Iberia (GWh)

6,846

3,649

+87.6 %

+3,197

‌Operational Performance

Generation

Installed Capacity - MW1

Load Factor (%)

Electricity Generation (GWh)

Sep-26

Sep-25

∆ Abs.

∆ %

U/C

Sep-26

9M26

9M25

∆ Abs.

9M26

9M25

∆ Abs.

∆ %

Wind Onshore

12,342

12,377

-36

-%

451

27 %

28 %

-1p.p.

22,234

22,419

-185

-1%

North America

6,597

6,408

+188

+3 %

103

32 %

31 %

+1p.p.

13,440

12,745

+695

+5%

Europe

4,590

4,813

-224

-5 %

348

22 %

24 %

-2p.p.

6,872

7,450

-576

-8%

South America

1,155

1,155

-

- %

-

26 %

38 %

-12p.p.

1,921

1,147

+773

+67%

Solar Utility Scale

4,787

4,748

+39

+1%

673

25 %

25 %

-p.p.

7,693

6,887

+807

+12%

North America

2,694

2,544

+150

+6 %

366

5,197

4,439

+758

+17%

Europe

982

1,108

-127

-11 %

288

1,069

1,061

+8

+1%

South America

670

670

-

- %

-

792

839

-47

-6%

APAC

441

426

+15

+4 %

20

635

547

+88

+16%

Solar DG

1,744

1,577

+167

+11%

96

15 %

15 %

-p.p.

1,780

1,467

+312

+21%

North America

315

271

+44

+16 %

65

319

246

+73

+30%

Europe

465

411

+53

+13 %

-

458

302

+156

+52%

South America

209

197

+12

+6 %

-

287

283

+3

+1%

APAC

756

6982

+58

+8 %

31

716

636

+80

+13%

Hydro

6,920

6,924

-3

-%

-

28 %

27 %

+1p.p.

12,483

12,173

+310

+3%

Portugal

5,074

5,078

-3

- %

-

25 %

25 %

-p.p.

8,371

8,435

-64

-1%

Pumping activity

2,358

2,358

-

- %

-

-2,091

-1,742

-348

+20%

Run-of-River

1,174

1,174

-

- %

-

2,516

3,177

-660

-21%

Reservoir

3,844

3,847

-3

- %

-

5,739

5,128

+611

+12%

Small-Hydro

57

57

-

- %

-

116

130

-14

-11%

Spain

444

444

-

- %

-

19 %

18 %

+1p.p.

564

535

+29

+5%

Brazil

1,401

1,401

-

- %

-

39 %

35 %

+4p.p.

3,548

3,203

+344

+11%

Gas/ CCGT

2,886

2,886

-

-%

-

21 %

25 %

-4p.p.

3,883

4,709

-826

-18%

Coal

916

916

-

-%

-

9 %

6 %

+3p.p.

208

358

-150

-42%

Other

-

-

-

-%

-

- %

15 %

-15p.p.

-

5

-5

-100%

BESS

649

207

+443

-%

256

EBITDA MW

30,244

29,635

+609

+2%

1,477

48,281

48,019

+261

+0.5%

By region

North America

10,105

9,429

+676

+7%

680

31 %

31 %

+1p.p.

13,886

14,305

-419

-3%

Europe

15,441

15,657

-217

-1%

746

23 %

24 %

-1p.p.

11,896

12,035

-139

-1%

South America

3,496

3,424

+72

+2%

-

31 %

34 %

-3p.p.

17,601

16,133

+1,468

+9%

APAC

1,202

1,124

+79

+7%

51

23 %

22 %

-p.p.

1,351

1,351

-

-%

Equity MW

2,541

2,357

+185

+8%

352

- - - -%

EBITDA + Equity MW

32,785

31,991

+794

+2%

1,828

- - - -%

1 Installed capacity that contributed to the revenues in the period.

2 Past values restated.

Attachments

  • Original document
  • Permalink

Disclaimer

EDP SA published this content on October 16, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 16, 2026 at 15:54 UTC.